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Invesco FTSE RAFI Emerging Markets ETF

185 hedge funds and large institutions have $1.22B invested in Invesco FTSE RAFI Emerging Markets ETF in 2025 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 73 increasing their positions, 47 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

55% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 47

29% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 21

19% more capital invested

Capital invested by funds: $1.03B → $1.22B (+$198M)

1% more funds holding

Funds holding: 183185 (+2)

0.29% more ownership

Funds ownership: 81.53%81.82% (+0.29%)

Holders
185
Holders Change
+2
Holders Change %
+1.09%
% of All Funds
2.44%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
27
Increased
73
Reduced
47
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$587M +$48.8M +2,215,819 +10%
IUHSA
2
Itau Unibanco Holding S.A.
Brazil
$68.4M +$64.4M +2,925,998 New
Fidelity Investments
3
Fidelity Investments
Massachusetts
$67.7M -$6.19M -281,097 -9%
Ameriprise
4
Ameriprise
Minnesota
$55M +$3.89M +176,779 +8%
Bank of America
5
Bank of America
North Carolina
$46.5M -$1.99M -90,356 -4%
Victory Capital Management
6
Victory Capital Management
Texas
$41.5M -$17.2M -779,629 -31%
Invesco
7
Invesco
Georgia
$31.8M +$3.01M +136,451 +11%
Morgan Stanley
8
Morgan Stanley
New York
$24.4M +$516K +23,423 +2%
LPL Financial
9
LPL Financial
California
$24M +$384K +17,457 +2%
Daiwa Securities Group
10
Daiwa Securities Group
Japan
$21.9M +$3.74M +170,000 +22%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$19.7M -$459K -20,819 -2%
Osaic Holdings
12
Osaic Holdings
Arizona
$17.4M +$277K +12,578 +2%
Wells Fargo
13
Wells Fargo
California
$16.6M +$3.6M +163,562 +30%
HighTower Advisors
14
HighTower Advisors
Illinois
$13.4M -$109K -4,970 -0.9%
CAM
15
Cidel Asset Management
Ontario, Canada
$12.9M +$706K +32,039 +6%
UBS Group
16
UBS Group
Switzerland
$12.2M +$3.27M +148,573 +40%
OMC
17
Old Mission Capital
Illinois
$11.9M +$9.84M +446,920 +733%
State of Wisconsin Investment Board
18
State of Wisconsin Investment Board
Wisconsin
$10.8M
CAPTRUST Financial Advisors
19
CAPTRUST Financial Advisors
North Carolina
$10.7M +$1.32M +59,825 +15%
JWWM
20
Johnson & White Wealth Management
Pennsylvania
$6.3M -$2.67K -121 -0%
Raymond James Financial
21
Raymond James Financial
Florida
$6.02M +$359K +16,288 +7%
Marshall Wace
22
Marshall Wace
United Kingdom
$5.27M +$4.56M +206,825 +1,108%
ALA
23
Atlas Legacy Advisors
California
$4.97M +$1.55M +70,281 +49%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$4.97M -$3.8M -172,691 -45%
AWM
25
Aries Wealth Management
Maine
$4.79M -$82.1K -3,730 -2%

PXH Hedge Fund Activity: Q2 2025 in Review

185 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Invesco FTSE RAFI Emerging Markets ETF (PXH) for Q2 2025, worth a combined $1.22B — up 19% from $1.03B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PXH positions and 21 closed out — a net gain of 6 holders — while 73 added to existing stakes and 47 trimmed.

The largest buyer was Itau Unibanco Holding S.A., opening a new position worth an estimated $64.4M. The largest seller was Victory Capital Management, cutting an estimated $17.2M.

  • 185 institutional investors held Invesco FTSE RAFI Emerging Markets ETF (PXH) as of Q2 2025, up from 183 in Q1 2025.
  • Funds reported $1.22B of Invesco FTSE RAFI Emerging Markets ETF stock for Q2 2025, up 19% quarter-over-quarter.
  • 27 funds opened new Invesco FTSE RAFI Emerging Markets ETF positions in Q2 2025 and 21 closed out, a net change of +6 holders.
  • The largest Invesco FTSE RAFI Emerging Markets ETF buyer in Q2 2025 was Itau Unibanco Holding S.A., an estimated $64.4M added.
  • The largest Invesco FTSE RAFI Emerging Markets ETF seller in Q2 2025 was Victory Capital Management, an estimated $17.2M sold.

Based on aggregated 13F filings for Q2 2025.